Decision

RESOLVED:– That the Combined Authority Board:

1. Approved that the West Yorkshire Housing Investment Fund progressed through decision point 2 (programme business case) and endorsed the Combined Authority’s potential funding of up to £334,620,000 from the Integrated Settlement.
2. Approved that the West Yorkshire Housing Investment Fund capital programme progressed through decision point 2 (programme business case) and work commenced on individual project business case submissions, giving approval to development funding of up to £10,000,000 for capital programme activities and business case development requirements, taking the total approval to £10,000,000.
3. Approved a delegation to the Combined Authority’s Chief Executive, in consultation with the Mayor, to approve subsequent capital project business case submissions for Combined Authority investment up to the value of £20 million, subject to the parameters set out in the report.
4. Approved the conversion of an additional £4,605,000 capital funding from the Integrated Settlement to revenue funding for the Housing Enabler Fund and staffing costs, taking the total revenue conversion to £7,500,000.
5. Approved a delegation to the Combined Authority’s Chief Executive, in consultation with the Mayor, to sign any Funding Agreements required between the Combined Authority and partners as a consequence of approvals to subsequent capital project business cases.

Housing Enabler Fund (Scheme Summary)

RESOLVED:– That the Combined Authority Board:

1. Approved that the Housing Enabler Fund revenue scheme proceeded through decision points 2 to 4 (business justification case) and work commenced on activity 5 (delivery).
2. Approved the Combined Authority’s funding of £5,500,000 for the Housing Enabler Fund. The total scheme cost was £5,500,000. This included a ring-fenced amount of £55,000 for monitoring and evaluation, release of which was delegated to the Combined Authority’s Chief Executive, in consultation with the Mayor.
3. Approved a delegation to the Combined Authority’s Chief Executive, in consultation with the Mayor, to sign Funding Agreements between the Combined Authority and partners for the Housing Enabler Fund scheme.
4. Approved that future approvals were made in accordance with the assurance pathway and approval route outlined in the report, subject to the scheme remaining within the tolerances set out.